US Fed Holds Target Interest Rate Steady: This Won’t Last Much Longer – Analysis
Thursday, 1 August 2024
By Ryan McMaken
The Federal Reserve’s Federal Open Market Committee (FOMC) announced today that it will maintain the current target policy interest rate (the federal funds rate) of 5.5 percent. The committee has now held the rate at this level since the end of July 2023.
According to the FOMC’s press release: "The...
|
||||
|
|
||||
You Might Like |
||||
